Totals
- Total revenue
- $6,059,353
- Total expenses
- $4,868,425
- Contributions and grants received
- $5,945,704
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $53,649
- Other revenue
- $60,000
- Total assets, end of year
- $10,577,171
- Total liabilities, end of year
- $2,355,547
- Net assets or fund balances, end of year
- $8,221,624
- Program services expenses (Part IX)
- $3,055,667
- Management and general expenses
- $458,525
- Fundraising expenses
- $1,354,233
- Program service expenses (Part III)
- $3,055,667
Program services were 62.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$4,257,403
-
1e · Government grants (contributions)
$1,274,802
-
1f · All other contributions, gifts and grants
$413,499
-
1g · Noncash contributions included above
$177,578
-
3 · Investment income
total $53,518 · related or exempt $53,518
-
7a · Gross sales of assets other than inventory
securities $30,149 · other assets $147,560
-
7b · Less cost or other basis and sales expenses
securities $30,018 · other assets $147,560
-
7c · Gain or loss
securities $131
-
7d · Net gain or loss
total $131 · related or exempt $131
-
11a · Other revenue: MUSIC TRAVEL CLUB
total $60,000 · related or exempt $60,000
-
11e · Other revenue, total
$60,000
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $217,932 · program services $135,841 · management and general $21,504 · fundraising $60,587
-
7 · Other salaries and wages
total $1,770,736 · program services $1,103,731 · management and general $174,721 · fundraising $492,284
-
9 · Other employee benefits
total $181,543 · program services $90,093 · management and general $34,398 · fundraising $57,052
-
10 · Payroll taxes
total $176,730 · program services $96,772 · management and general $25,459 · fundraising $54,499
-
11e · Fees: professional fundraising services
total $257,833 · fundraising $257,833
-
11g · Fees: other
total $428,091 · program services $356,851 · management and general $68,922 · fundraising $2,318
-
12 · Advertising and promotion
total $65,206 · program services $61,377 · management and general $2,498 · fundraising $1,331
-
13 · Office expenses
total $481,339 · program services $303,889 · management and general $64,067 · fundraising $113,383
-
17 · Travel
total $18,097 · program services $3,848 · management and general $8,310 · fundraising $5,939
-
19 · Conferences, conventions and meetings
total $7,126 · management and general $1,553 · fundraising $5,573
-
22 · Depreciation, depletion and amortization
total $314,917 · program services $299,171 · management and general $15,746
-
23 · Insurance
total $53,041 · program services $40,301 · management and general $12,220 · fundraising $520
-
24a · Other expenses: OPERATING AGREEMENT
total $415,587 · program services $415,587
-
24b · Other expenses: FUNDRAISING/MEMBERSHIP
total $254,917 · program services $2,000 · management and general $3,215 · fundraising $249,702
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $91,388 · program services $87,276 · management and general $1,470 · fundraising $2,642
-
24d · Other expenses: OUTSIDE SERVICES
total $84,320 · program services $27,124 · management and general $22,357 · fundraising $34,839
-
24e · All other expenses
total $49,622 · program services $31,806 · management and general $2,085 · fundraising $15,731
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,888,358 · end of year $4,214,036
-
2 · Savings and temporary cash investments
end of year $2,004,381
-
3 · Pledges and grants receivable
beginning of year $461,163 · end of year $122,000
-
4 · Accounts receivable
beginning of year $288,980 · end of year $294,196
-
9 · Prepaid expenses and deferred charges
beginning of year $44,210 · end of year $105,175
-
10a · Land, buildings and equipment: cost or other basis
$2,732,932
-
10b · Land, buildings and equipment: accumulated depreciation
$1,038,925
-
10c · Land, buildings and equipment, net
beginning of year $2,008,923 · end of year $1,694,007
-
15 · Other assets
end of year $2,143,376
-
17 · Accounts payable and accrued expenses
beginning of year $200,285 · end of year $17,934
-
25 · Other liabilities
beginning of year $81,151 · end of year $2,337,613
-
27 · Net assets without donor restrictions
beginning of year $7,251,011 · end of year $7,218,380
-
28 · Net assets with donor restrictions
beginning of year $159,187 · end of year $1,003,244
Mission and programs · 2022
Mission
TO ACTIVELY GROW, DIVERSIFY, AND ENRICH THE LOVE OF CLASSICAL MUSIC IN OUR COMMUNITY.
Activities or mission (Part I)
CLASSICAL 98.1 WILL ACTIVELY GROW, DIVERSIFY, AND ENRICH THE LOVE OF CLASSICAL MUSIC IN OUR COMMUNITY BY PROVIDING A VOICE FOR CLASSICAL MUSIC AND THE ARTS.
-
CLASSICAL KING 98.1 WAS FOUNDED IN 1948 AND BECAME A PUBLIC RADIO STATION IN 2011. KING FM REACHES MORE THAN 250,000 LISTENERS EACH WEEK, OFFERING COMMERCIAL-FREE CLASSICAL MUSIC 24 HOURS A DAY OVER THE AIR THROUGHOUT THE PUGET SOUND REGION AND GLOBALLY VIA ONLINE STREAMS. KING FM OFFERS LOCAL CLASSICAL CONCERT BROADCASTS ANNUALLY, ENGAGES MORE THAN 15,000 DONORS, AND MOVED INTO A NEW STATE-OF-THE-ART FACILITY IN 2020. KING FM ALSO OFFERS VIDEO MUSIC CONTENT, WITH YOUTUBE VIDEOS VIEWS GARNERING OVER HALF A MILLION VIEWS TO DATE, AND WITH VIRTUALLY EVERY VIDEO FEATURING A LOCAL PERFORMER. KING FM IS ALSO COMMITTED TO GROWING THE NEXT GENERATION OF CLASSICAL MUSIC LISTENERS, OFFERING SEVERAL MUSIC EDUCATION INITIATIVES ON-AIR, ONLINE AND IN THE COMMUNITY. OUR BOARD ADOPTED A NEW STRATEGIC FRAMEWORK IN 2020 THAT CALLS US FOR US TO MAKE SIGNIFICANT STEPS IN DIVERSIFYING OUR PROGRAMMING, OUR STAFF, AND OUR BOARD WITHIN THE NEXT FIVE YEARS.
Expenses $2,414,521
-
CLASSICAL 98.1 USES A WIDE SPECTRUM OF TECHNOLOGIES TO DELIVER THE HIGHEST QUALITY EXPERIENCE ON AIR AND ONLINE. IN ADDITION TO A FULL-POWERED ANALOG FM BROADCAST SIGNAL, KING FM TRANSMITS ADDITIONAL CHANNELS OF CLASSICAL MUSIC USING A STATE-OF-THE-ART HD DIGITAL SIGNAL THAT ALLOWS OVER-THE-AIR CD-QUALITY RECEPTION OF THE MAIN KING FM CHANNEL AND THE CALM BY KING CHANNEL. IN SUPPORT OF OUR MISSION, KING FM REACHES OUT TO A WORLD-WIDE AUDIENCE VIA ONLINE AUDIO STREAMS AND OUR SMARTPHONE APPS ALLOWING AUDIENCES FAR BEYOND THE RANGE OF OUR FM SIGNAL TO APPRECIATE AND ENJOY THE NORTHWEST'S GREAT CLASSICAL MUSIC PERFORMANCES. KING FM'S LIVE BROADCAST CAPABILITIES BRING THE MUSIC OF NORTHWEST ARTISTS FROM PERFORMANCE VENUES INTO THE HOMES OF LISTENERS. CLASSICAL 98.1 CARRIES CONCERT PRE-RECORDED BROADCASTS FEATURING SEATTLE OPERA, SEATTLE SYMPHONY, THE SEATTLE CHAMBER MUSIC SOCIETY, AND THE COMPLINE SERVICE AT ST. MARK'S CATHEDRAL AMONG OTHERS.
Expenses $607,396
-
CLASSICAL 98.1 IS COMMITTED TO SUPPORTING THE ARTS COMMUNITY AND TO MAKING CLASSICAL MUSIC ACCESSIBLE TO ALL THROUGH NEW PARTNERSHIPS. LOCAL CLASSICAL MUSIC PERFORMING ORGANIZATIONS ARE STILL STRUGGLING IN BRINGING AUDIENCES BACK AFTER THE PANDEMIC. THIS IS IMPACTING THEIR FINANCIAL WELL-BEING AS WELL. CLASSICAL KING CONTINUES TO PROVIDE FREE AND LOW COST ANNOUNCEMENTS TO THESE ORGANIZATIONS TO HELP THEM ATTRACT AUDIENCES TO CONCERTS, EVENTS, AND EXHIBITIONS.
Expenses $33,750
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brenda BarnesBRENDA BARNES
CEO
- Total calculated
- $225,245
- From this org
- $217,932
- From related orgs
- $0
- Other
- $7,313
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $197,932
- Bonus
- $20,000
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $7,313
- Filer's total
- $225,245
-
Barbara DolbyBARBARA DOLBY
CHIEF DEV OF
- Total calculated
- $154,280
- From this org
- $127,274
- From related orgs
- $0
- Other
- $27,006
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,274
- Bonus
- not reported
- Other
- not reported
- Deferred
- $16,150
- Nontaxable benefits
- $10,856
- Filer's total
- $154,280
-
Rina RomeroRINA ROMERO
COO
- Total calculated
- $132,526
- From this org
- $120,165
- From related orgs
- $0
- Other
- $12,361
- Hours/week
- 40
-
Dave C BeckDAVE C BECK
ANNOUNCER
- Total calculated
- $120,453
- From this org
- $113,308
- From related orgs
- $0
- Other
- $7,145
- Hours/week
- 40
-
Diana CareyDIANA CAREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Steven CliffordSTEVEN CLIFFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Susan CoughlinSUSAN COUGHLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Charles DickeyCHARLES DICKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim DuncanJIM DUNCAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kevin FoxKEVIN FOX
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Brian GrantBRIAN GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Susan HarmonSUSAN HARMON
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 0.5
-
Douglas JacksonDOUGLAS JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Neil JordanNEIL JORDAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Naomi MinegishiNAOMI MINEGISHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve MoeSTEVE MOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jon RosenJON ROSEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Raymond Tymas-JonesRAYMOND TYMAS-JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BEETHOVEN A NON-PROFIT CORPORATION
501C3 · ADV MUSIC · WA
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CLASSIC RADIO
C CORP · BROADCASTI · WA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332439349301873
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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